Aviation Transport will Cost More
Aviation transport and shipping
In terms of weight, more than 90% of the world’s transnational trade and transport relies on maritime transport, with the rest being mostly transnational land transport, and air transport accounting for only 0.21%. However, the high unit price and efficiency of air transport accounts for 26% of global trade. In 2021, Taiwan air transport in terms of weight accounted for only 0.23% its imports and exports, but because of the contribution of high-tech, semiconductor products, Taiwan saw 47% of the total value its imports and exports came through air tansport in 2021.
The worldwide top-5 cargo airports in 2021 are all located in Asia – in China, Japan, Korea and Taiwan. China is the world’s factory, and Hong Kong, which plays the role of a hub airport for inbound and outbound shipments, is also the dispatch center for Taiwan’s semiconductor parts warehousing. Since the 1970s, when the East Asian economy was on the rise, Hong Kong has been a global leader with its free port efficiency and neutral political environment…
